Australian (ASX) Stock Market Forum

VUL - Vulcan Energy Resources

So what is your take? Why halved if it obtained so much money from institutions and supposedly has contracts for sale of its product?
any money to be made was in the period about 5 years ago

Screenshot_20250707_145450_CommSec~2.jpg

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Future phase pipeline: Mannheim resources growth
  • 76% increase in lithium brine resource estimate
  • Maiden geothermal energy resource estimate
  • Scoping study in progress for future phase of production
now iit's hard work
 
Thought I'd start a dedicated thread where we can voice our opinions on individual (or sectors) stocks that have a good chance of rising from their current position.
Preferably with a good outline of why we think that way and whether it's held or not or planning to be held.
I guess for the benefit of the forum and for history perspective, it would be good to quote your post and also post it in the applicable stock thread, or vice versa.

I'm thinking VUL, reasons in the chart, increased volume,and a recent money grab.
Not sure how much of this is still held by Gina Reinhardt?

I've stated to someone yesterday that I see an easy minimum +10% in this in under 3 months. Just an opinion.
Not held, but if other cheese's mature before this one rises, I will be in it.


From recent announcement, 10/7/2025;

Firm commitments received for €30 million (~A$53.6 million) strategic placement at A$3.40 per New Share, at a 7.3% discount to the 15-day volume weighted average price of A$3.668
• Placement corner-stoned by BNP Paribas’ Clean Energy Solutions Fund with a €15 million (~A$26.8
million) subscription. The BNP Paribas Clean Energy Solutions Fund is a thematic fund that invests in companies driving the global shift toward a low-carbon economy
• A select group of strategic corporate and institutional investors participated for the remaining €15 million (~A$26.8 million) under the Placement, including existing strategic corporate shareholders in Vulcan
• Proceeds from the Placement will be used to maintain and de-risk the execution of critical path scope for development of the Phase One Lionheart Project
• Vulcan continues to target finalisation of the project financing package for its Phase One Lionheart Project in H2 2025.

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